German shipyard MV WERFTEN, a wholly owned subsidiary of Genting Hong Kong, said it will install the Evac Complete Cleantech Solution on board two new Global Class ships for Asia-Pacific cruise line Star Cruises. The contract also covers two optional c...
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Tuco Delivers in Norway
Danish builder Tuco Marine said it has delivered a ProZero 10.5m WBW Archipelago multipurpose workboat to the Norwegian Archipelago Services. The vessel is a fast and light and features a hydraulic bow gate and a deck crane for handling cargo over the ...
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Great Ships of 2016: Lindanger
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. Launched at the Hyundai Mipo dockyard in Ulsan, South Korea, the newly built Lindanger has become the world’s first methanol fueled ocean-going vessel.
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Fleet Growth Squeezes Crude Oil Tanker Market
From January 2014 - October 2016 the crude oil tanker segment composing of VLCC, suexmax and aframax ships, had a net-fleet growth of 7.3 percent, which is equal to 24.3 million (m) DWT. The VLCC segment, with 20.7m DWT or a net fleet growth rate of 11 percent took the lion’s share…
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Korean Register Names New Chairman & CEO
Classification society the Korean Register (KR) has elected Lee Jeong-kie as its new Chairman and CEO. Lee assumes the role of Chairman and CEO, following the death of B. S. Park, who passed away after a short illness in October 2016. Lee has worked for KR for 29 years…
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Descartes Acquires Datamyne
Descartes Systems Group, a leader in uniting logistics-intensive businesses in commerce via the Global Logistics Network (GLN), announced that it has acquired Datamyne, a provider of cloud-based trade data content solutions for customers to analyze imp...
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Rigmarine Provides Custom Winch Package for Caspian Sea Topside
Lifting and marine product specialist Rigmarine said it has recently supplied a bespoke winch system for a multinational oil and gas company, a key customer in the Caspian Sea region. The riser pull-in system comprises 38t and 12t winches, in addition to key components such as hydraulic power units…
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S.Korea Backs US Shale Gas Imports, Investment
South Korea stepped up a push on Friday to encourage its oil and gas companies to invest in U.S. shale gas projects, amid expectations that more opportunities will arise under a Trump administration. Asia's fourth-largest economy is the world's…
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Asia Tankers-VLCC Rates to Slide on Lower Cargo Volumes
34 VLCC MidEast cargoes fixed for early Jan -Reuters terminal; only nine fixed so far for mid-Jan. Freight rates for very large crude carriers (VLCCs), which hit a new nine-month high this week, are on course to soften amid a weaker cargo market…
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Writing A Term Paper The Best Approach
Writing A Term Paper The Best Approach The initial component of my articles on SAT test planning for Essay creating targeted on the importance of construction of an essay. Continuing on the journey, we will speak about the 2nd aspect of writing a good essay. Test makers as nicely as graders are usually on the…
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